- The December Comex gold market is likely to be determined by trader reaction to support at $1461.30 and resistance at $1482.67 based on early price action and the current price of $1414.10.
- Rising US Treasury yields and a stronger US dollar have been pushing down gold futures prices late in the session.
- Technical analysis recommends selling gold at $1451 with a target of $1401.10 and stop loss of $1487.09.